Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Short Interest Up 48.7% in March

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,371,609 shares, an increase of 48.7% from the March 15th total of 922,158 shares. Based on an average daily trading volume, of 963,978 shares, the short-interest ratio is currently 1.4 days. Currently, 1.5% of the company’s stock are short sold.

Institutional Investors Weigh In On Global X Robotics & Artificial Intelligence ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Ameriprise Financial Inc. raised its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 5.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 467,201 shares of the company’s stock valued at $16,545,000 after purchasing an additional 26,116 shares during the period. Kingswood Wealth Advisors LLC raised its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 2.0% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 172,988 shares of the company’s stock valued at $6,267,000 after purchasing an additional 3,313 shares during the period. Jones Financial Companies Lllp raised its holdings in Global X Robotics & Artificial Intelligence ETF by 26.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 141,959 shares of the company’s stock valued at $4,947,000 after acquiring an additional 29,981 shares during the period. Fiduciary Alliance LLC raised its holdings in Global X Robotics & Artificial Intelligence ETF by 3.1% in the 4th quarter. Fiduciary Alliance LLC now owns 136,861 shares of the company’s stock valued at $4,958,000 after acquiring an additional 4,118 shares during the period. Finally, Sterling Investment Advisors Ltd. raised its holdings in Global X Robotics & Artificial Intelligence ETF by 1.8% in the 4th quarter. Sterling Investment Advisors Ltd. now owns 121,980 shares of the company’s stock valued at $4,419,000 after acquiring an additional 2,195 shares during the period.

Global X Robotics & Artificial Intelligence ETF Price Performance

Global X Robotics & Artificial Intelligence ETF stock opened at $35.97 on Tuesday. The firm has a 50-day moving average of $36.14 and a 200-day moving average of $36.43. Global X Robotics & Artificial Intelligence ETF has a one year low of $25.92 and a one year high of $39.78. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 27.41 and a beta of 1.43.

Global X Robotics & Artificial Intelligence ETF Company Profile

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides market- cap selected and weighted exposure to companies involved in the development and production of robots or artificial intelligence. BOTZ was launched on Sep 12, 2016 and is managed by Global X.